{"schema_version":"secwatch.filing_event.v1","accession":"0001903596-22-000541","form_type":"8-K","ticker":"NWPP","cik":"0001163389","company_name":"NEW PEOPLES BANKSHARES INC","filed_at":"2022-08-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:55.108624+00:00","generated_at":"2026-06-23T22:43:42.926986+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Director E. Stephen Lilly resigns from New Peoples Bankshares board effective August 16, 2022","bullets":["E. Stephen Lilly resigned as director of New Peoples Bankshares and its subsidiary bank effective August 16, 2022.","Resignation due to personal matters; no disagreement with company operations, policies or practices.","No replacement named; board size reduced by one."],"urls":{"canonical":"https://secwatch.observer/filing/0001903596-22-000541","json":"https://secwatch.observer/filing/0001903596-22-000541.json","markdown":"https://secwatch.observer/filing/0001903596-22-000541.md","text":"https://secwatch.observer/filing/0001903596-22-000541.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1163389/000190359622000541/0001903596-22-000541-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1163389/000190359622000541/sfsnwpp8k081822.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T22:43:42.926986+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8aaf42b080","claim":"E. Stephen Lilly resigned as director at NEW PEOPLES BANKSHARES INC.","evidence_excerpt":"On August 16, 2022, E. Stephen Lilly, a member of the Boards of Directors of New Peoples Bankshares, Inc. (the “Company”) and its wholly-owned subsidiary, New Peoples Bank, Inc. (the “Bank”), notified the Company and the Bank of his decision to resign as a director of both entities effective August 16, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1163389/000190359622000541/0001903596-22-000541-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}